England, Wales and Northern Ireland
| Band | Salary | Rate |
|---|---|---|
| Personal Allowance | Up to £12,570 | 0% |
| Basic rate | £12,571 – £50,270 | 20% |
| Higher rate | £50,271 – £125,140 | 40% |
| Additional rate | Over £125,140 | 45% |
Scotland
| Band | Salary | Rate |
|---|---|---|
| Personal Allowance | Up to £12,570 | 0% |
| Starter rate | £12,571 – £16,537 | 19% |
| Basic rate | £16,538 – £29,526 | 20% |
| Intermediate rate | £29,527 – £43,662 | 21% |
| Higher rate | £43,663 – £75,000 | 42% |
| Advanced rate | £75,001 – £125,140 | 45% |
| Top rate | Over £125,140 | 48% |
Bands assume the full Personal Allowance, which is reduced by £1 for every £2 of income over £100,000.
Employee National Insurance (Class 1)
| Annual earnings | Rate |
|---|---|
| Up to £12,570 | 0% |
| £12,570 – £50,270 | 8% |
| Over £50,270 | 2% |
Student loan repayments
| Plan | Annual threshold | Rate |
|---|---|---|
| Plan 1 | £26,900 | 9% |
| Plan 2 | £29,385 | 9% |
| Plan 4 (Scotland) | £33,795 | 9% |
| Plan 5 | £25,000 | 9% |
| Postgraduate Loan | £21,000 | 6% |
Source: HMRC, Rates and thresholds for employers 2026 to 2027.
Frequently asked questions
What are the Income Tax rates for 2026/27?
In England, Wales and Northern Ireland: 0% up to £12,570, 20% up to £50,270, 40% up to £125,140 and 45% above. Scotland has six bands from 19% to 48%.
Has the Personal Allowance changed for 2026/27?
No. It stays at £12,570 (tax code 1257L) and is withdrawn above £100,000 of income.
What are the student loan thresholds for 2026/27?
Plan 1 £26,900, Plan 2 £29,385, Plan 4 £33,795, Plan 5 £25,000 (all at 9%), and Postgraduate Loan £21,000 at 6%.
Written by Muhammad Raza. Last updated October 14, 2026.